New claims came in worse than expected. The implied unemployment rate is unchanged, but mobility data shows the economy on the move more and more.
High-Freq Data and DOGE Monitor
High-Freq Data and DOGE Monitor
Thursday, June 11, 2020
The implied unemployment rate falls to a new open-back-up low. And Rhode Island-- yes, Rhode Island -- becomes the first state with restaurant activity above last year's.
High-Freq Data and DOGE Monitor
Thursday, June 4, 2020
High-frequency data from claims says the unemployment rate has fallen from 19% to 16%. Tomorrow's lagging jobs report will still say19%.
High-Freq Data and DOGE Monitor
Thursday, May 28, 2020
For the first time since the Covid-2019 crisis began, we have a drop in the implied unemployment rate from continuing claims!
High-Freq Data and DOGE Monitor
Tuesday, May 19, 2020
Three and a half weeks, 37 states begin to open up from lockdown -- and there's no statistical evidence that it's making the virus worse.
High-Freq Data and DOGE Monitor
Wednesday, May 13, 2020
Here it is, state by state. Judge for yourself whether lockdowns had anything to do with halting the virus. Going forward, see if open-ups trigger the dreaded "second wave."